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19 Aug. 2015 | Comments (0)

By Matteo Tonello, Managing Director, Corporate Leadership at The Conference Board Smaller companies continue to devote fewer resources to and lag behind their larger peers in CEO succession planning, too often placing it on the board agenda only when an emergency arises, survey data highlighted by The Conference Board in the latest edition of CEO Succession Practices shows. Companies with annual revenue of less than $100 million were the only group to report reviewing succession planning only when circumstances warrant (e.g. in the event of retirement, sudden death or illness, or another emergency), while among all other size groups and across all industry groups, the majority of companies reported that their boards review the CEO succession plan at least annually. CEO Succession Practices: 2015 Edition was made possible thanks to a research grant from Heidrick & Struggles. Download the report here. CEO Succession and the full Corporate Intelligence portfolio are complimentary to members of The Conference Board. A fee may apply to non-members.  To learn more about our member benefits, email us at membership@conferenceboard.org   About the author: [caption id="attachment_82" align="alignleft" width="100"]Matteo Tonello Matteo Tonello
Managing Director
Corporate Leadership
The Conference Board[/caption] Matteo Tonello is managing director at The Conference Board. In his role, Tonello advises members of The Conference Board on issues of corporate governance, risk management, corporate sustainability and citizenship. He regularly participates as a speaker and moderator in educational programs on best practices and conducts analyses and research in collaboration with leading corporations, institutional investors, and professional firms. Follow Matteo on Twitter: @MatteoTonelloNY.  
  • About the Author: Matteo Tonello

    Matteo Tonello

    Matteo Tonello is managing director at The Conference Board. In his role, Tonello advises members of The Conference Board on issues of corporate governance, risk management, corporate sustainability a…

    Full Bio | More from Matteo Tonello

     

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